In order to improve the user’s transaction efficiency and trading experience, the CoinEx web terminal has launched the “Contract Stop Profit and Stop Loss” function on November 3, 2021, and the APP terminal does not support it temporarily.

What is the contract take profit and stop loss?

“Take Profit and Stop Loss” refers to the preset trigger price (Take Profit Price or Stop Loss Price).

When the marked price or the latest price reaches the preset trigger price, the system will trigger the market price order and use the best price Perform all liquidation, so as to achieve the purpose of stop profit or stop loss.

How to set stop-profit and stop-loss?

Click “Take Profit and Stop Loss” on the “Current Position” on the contract trading page.

You can set Take Profit or Stop Loss separately, or you can set Take Profit and Stop Loss at the same time.

Stop-profit and stop-loss only support full-quantity closing, not partial closing. Before the stop-profit and stop-loss trigger, regardless of increase or decrease, all positions will be closed after the price is triggered.

When the position is manually closed or the position is 0, the stop profit and stop loss of the corresponding position will be automatically cancelled.

When stop-profit and stop-loss are triggered, the system will automatically cancel all pending orders in the current market.

Go to CoinEx Official Website